President Obama's housing plan aims to help 9 million struggling homeowners avoid foreclosure, but it leaves out many borrowers who won't qualify because their homes have lost too much value.
Posted on 03/06/2009
Correspondent Haven Daley(AssociatedPress) rode along with sheriff's deputies responsible for evicting foreclosed homeowners. Last year they'd get a few foreclosure-related calls every week. Now they're evicting dozens of homeowners weekly.
Posted on 03/02/2009
With foreclosures spiking, the Federal Reserve is taking steps to try to keep some distressed borrowers in their homes.
Posted on 01/30/2009
The Federal Reserve will issue new rules aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs.
Posted on 01/26/2009
A new law aims to protect pets given up by owners as a result of the home foreclosure crisis.
Posted on 01/02/2009
Many owners vacating foreclosed homes are selling off all the fixtures before they leave, further depressing home values, even their neighbors', reports Kelly Cobiella.
Posted on 12/29/2008
The head of the Federal Deposit Insurance Corporation says the housing crisis likely will last into 2010, until the credit market revives and government rescue programs have time to make an impact.
Posted on 12/16/2008
Foreclosed properties being sold on the cheap are enjoying a recent boom even as the housing market flounders. Ben Tracy reports.
Posted on 11/18/2008
3.4 million homes are forecast to be foreclosed by 2011 and government programs have done little to stop the foreclosure freefall. Ben Tracy has more.
Posted on 11/11/2008
Home foreclosures are reaching record levels in many parts of the country. And its no wonder, since most people who cant make their payments do the opposite of what they should. If youre behind in your mortgage, heed this expert advice.
Posted on 10/29/2008
The nations leaders in online real estate foreclosure listings information delivery.
